Chapter 20 Agency N.B.: TYPE indicates that a question is new, modified, or unchanged, as follows. N A question new to this edition of the Test Bank. + A question modified from the previous edition of the Test Bank. = A question included in the previous edition of the Test Bank. true/false questions 1. Agency relationships do not permeate the business world. answer: F PAGES: Introduction TYPE: N BUSPROG: Analytic AICPA: BB-Legal 2. The term fiduciary is at the heart of agency law. answer: t PAGES: Section 1 TYPE: N BUSPROG: Analytic AICPA: BB-Legal 3. Ratification involves a question of intent, and intent can be expressed only by words. answer: F PAGES: Section 2 TYPE: N BUSPROG: Analytic AICPA: BB-Legal 4. An …show more content…
an employee. b. an independent contractor. c. a principal. d. an agent. ANSWER: C PAGES: Section 1 TYPE: N BUSPROG: Reflective AICPA: BB-Legal 2. California Produce Company hires Drew to work on California Produce’s shipping dock, checking outgoing loads and dispatching the company’s drivers. With respect to California Produce, Drew is most likely a. an agent. b. an independent contractor. c. a principal. d. a work for hire. ANSWER: A PAGES: Section 1 TYPE: N BUSPROG: Reflective AICPA: BB-Legal 3. Elaine owns the Fabric & Yarn store. Goldie is a salesperson in the store. When Goldie makes a sale to Heather, the sale is binding on a. Elaine. b. Goldie. c. Fabric & Yarn only—and only if Elaine is present at the sale. d. no one. ANSWER: A PAGES: Section 1 TYPE: N BUSPROG: Reflective AICPA: BB-Legal 4. Sybil agrees with Tyrone and other professional athletes to sign contracts with promoters and others on the athletes’ behalf. Sybil is a. an agent. b. an employee. c. an employer. d. a principal. ANSWER: A PAGES: Section 1 TYPE: = BUSPROG: Reflective AICPA: BB-Legal 5. Ingmar asks Jessie to contract with Jessie’s high school classmates to babysit Ingmar’s new baby. Jessie orally agrees to do so. This is a. an agency by agreement. b. an agency by estoppel. c. an agency by ratification. d. not an agency relationship. ANSWER: A PAGES: Section 2 TYPE: N BUSPROG: Reflective AICPA: BB-Legal 6. Lucille is married
Jessie comes and saves Emily and Emily and Jessie gets along.
Jody’s domineering nature continues to escalate and affect Janie and her dream of reaching “the horizon.” Jody purchases a street lamp for the town with his money and
The night before the big day close friend Zack comes over to ask for a favor from Jessie and to put something up; he noticed that Jessie’s room was a mess and she was trying to take the pills. Jessie was not stable
Janie eagerly begins her new life with Joe and travels with him to Eatonville. Joe begins to whip the town into shape and molds it into a very established community, which causes Janie to be very proud. At the lighting ceremony in the new
Hurston uses small symbols such as the store to display how Janie has gained some independence. After Janie marries Joe they open up a store together. Being the only general store in the town they experience a lot of customers. Often Janie is found managing
It couldn’t effectively deal with the tax collection, flood control, social welfare, and public security. (Original: p. 565; With Sources: p. 883)
The Uniform Computer Information Transaction Act (‘UCITA’) differs from the Uniform Commercial Code Article 2 (UCC) in that
The NCAA institutions that an athlete belongs to plus parents and other honest influences should be cautious of any sports agent. They are not doing it for paternalism or for benevolence rather agents are doing it for the money. Even though many sports agents are attorneys, “attorney regulations are not enough to regulate the sports agent profession, and that even more strict sports-focused regulations are needed to restrict attorney and non-attorney agents from acting unethically” (Heitner, 2010).
The towns people see that Joe is becoming more controlling, one questions why Janie has started to tie her hair up. “Maybe he make her do it. Maybe he skeered de rest of us mens might touch it round dat store" (Hurston 47). Her hair represented hew background and how long and luxurious it was that she had such beautiful hair. Her hair was something she really loved so by having to cover it up, Janie was not thrilled.
B What is the name of the black truck driver who works out of Hattiesburg?
Your sister owns a small clothing store. During a conversation at a family dinner, she mentions her
When it comes to the world of sports, all sports, many topics come into debate when discussing the day to day issues facing athletes and their chosen careers. Many concerns with athletes are usually two sided and are black and white arguments without much gray area in between. Most of these issues with sport revolve around the athletes who play them. Such problems that sports spectators argue about are the leagues and athletes choices and if they are beneficiary to the sport that they consume. Many athletes of all levels make great sacrifices for the sport that they play,
Consequently, a fierce competition for client representation has arisen due to the overcrowded nature of the sports industry with sports agents. This competition has sparked many agents to do whatever necessary to reach an agreement with athletes. In
Screams filled the air. Only then did Jessie Grant realize they were his. He had been having this dream for some time, his dad’s and mom’s death. Before they boarded a cruiser when he was seventeen, his parents were his best friends, now he had nothing.
In the story Summer's Trade Tony´s grandmother pawned her bracelet to get money to pay bills because her son in law could have money to pay bills because he broke his leg. Tony used his money he was going to use for a saddle to buy the bracelet back so his grandmother would not be depressed. Then she traded her next rug for the saddle he wanted to buy.